The risks and negative perspective of Entrepreneurship
The “spark” for many entrepreneurs is seeing an opportunity that doesn’t yet exist. Ted Turner, for example, launched CNN because he perceived that people wanted more television news than they were being offered. It took a lot of patience on Turner’s part to realize the vision, but he had read the market in a way [...]
Nine top mistakes to avoid for entrepreneurs
1. Isolating Yourself
When setting up a business, you can get so overwhelmed with the administration that you don’t focus on building up your network. Networks can provide a way to catapult your business forward through referrals, joint ventures, or providing industry knowledge. Networking does not need to be through formal events but can come in [...]
The 4 simple guides to entrepreneurship
As more and more people start or consider starting their own business, it is important that they understand the core steps that are required to launch successful ventures. These steps include spotting, assessing, selecting and executing upon opportunities.
Spotting Opportunities
The first step to entrepreneurship is identifying opportunities. The entrepreneur must be able to spot an unmet [...]
How the internet helps entrepreneurs’ home businesses
The internet is one tool that has revolutionized the way we do everything. The speed and connectivity offered by the internet has made the world smaller, and has brought people closer together. In fact, the internet has made us realize the fact that we now live in a global community and that everything we do [...]